A vehicle is now being stolen every five minutes, according to a new study from Équité Association. The 2023 Auto Theft Trend Report is the association’s latest study, released on Feb. 6, and highlights that things are getting worse following …
January 2024 light vehicle sales based on reporting OEMS are cause for celebration, with the market rising from 2023’s 98,259 units up to an estimated 112,862. That is a gain of 14.9 per cent, according to DesRosiers Automotive Consultants (DAC). …
Dealers across Canada may be interested to note that an investigation by CBC’s Marketplace found that electric vehicle drivers are exposed to a wide range of pricing, inconsistencies in charging performance, and unreliable charging networks. CBC’s episode Putting Electric Vehicles …
Canada’s used wholesale market saw prices decline -0.42% for the week ending on Feb. 3 which, like last week, is not overly far (in comparison to some of 2023’s price declines) from the prior week’s -0.63%. And the 2017-2019 average …
The 79th edition of the Montreal International Auto Show has come and gone, with data showing a 14 per cent increase in attendance as 168,447 people purchased tickets. The show took place between Jan. 19-28 at the Palais des congrès …
The Canadian used wholesale market experienced a decline in prices of -0.61% for the week ending on Jan. 27 — inching closer to the prior week’s decline of -0.52% but further away from the 2017-2019 same-week average of -0.35%, according …
The key for automotive manufacturers in retaining higher residual values is the ability to provide consistent quality, durability, and pricing across their vehicle models, according to a J.D. Power update. That comment stems from the results of the company’s J.D. …
The federal government has announced that it will invest $121 million to help prevent crime (gun and gang violence) and combat auto theft in Ontario through its Initiative to take Action Against Gun and Gang Violence (ITAAGGV). The announcement was …
The party has begun in Vegas. After years of being cooped up during the pandemic, Canadian dealers and suppliers were out in force in Las Vegas, kicking off another NADA Show. NADA held a full day of conference sessions yesterday, …
Safe-Guard Canada, a provider of protection products for the automotive, RV, powersports and marine sectors, has launched a redesigned website that speaks not only to the company’s shift towards digital transformation — but also the broader shift occurring in the …
Vehicles may be equipped with advanced sensor technology and machine learning algorithms that can predict weather disasters in real-time by the time 2030 rolls around. That is according to the International Drivers Association, which said in a news release that …
The Canadian Lenders Association wants the federal government to pause any changes they are planning to the maximum allowable rate of interest because millions of Canadians, many of which are non-prime, could lose access to loans from regulated lenders, according …
